Retail Chain Expansion: The Early Years of McDonalds in Great Britain
Author
Abstract
Suggested Citation
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Paul B. Ellickson, 2007. "Does Sutton apply to supermarkets?," RAND Journal of Economics, RAND Corporation, vol. 38(1), pages 43-59, March.
- Victor Aguirregabiria & Arvind Magesan, 2020.
"Identification and Estimation of Dynamic Games When Players’ Beliefs Are Not in Equilibrium,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 87(2), pages 582-625.
- Victor Aguirregabiria & Arvind Magesan, "undated". "Identification and Estimation of Dynamic Games when Players' Beliefs Are Not in Equilibrium," Working Papers 2012-03, Department of Economics, University of Calgary.
- Aguirregabiria, Victor & Magesan, Arvind, 2015. "Identification and Estimation of Dynamic Games when Players' Beliefs Are Not in Equilibrium," CEPR Discussion Papers 10872, C.E.P.R. Discussion Papers.
- Victor Aguirregabiria & Arvind Magesan, 2012. "Identification and estimation of dynamic games when players' beliefs are not in equilibrium," Working Papers tecipa-449, University of Toronto, Department of Economics.
- Otto Toivanen & Michael Waterson, 2005.
"Market Structure and Entry: Where's the Beef?,"
RAND Journal of Economics, The RAND Corporation, vol. 36(3), pages 680-699, Autumn.
- Toivanen, Otto & Waterson, Michael, 2001. "Market Structure And Entry: Where’S The Beef?," Economic Research Papers 269363, University of Warwick - Department of Economics.
- Toivanen, O. & Waterson, M., 2001. "Market Structure and Entry: Where's the Beef?," The Warwick Economics Research Paper Series (TWERPS) 593, University of Warwick, Department of Economics.
- V. Joseph Hotz & Robert A. Miller & Seth Sanders & Jeffrey Smith, 1994.
"A Simulation Estimator for Dynamic Models of Discrete Choice,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 61(2), pages 265-289.
- Hotz, J.V. & Miller, R.A. & Sanders, S. & Smith, J., 1992. "A Simulation Estimator for Dynamic Models of Discrete Choice," GSIA Working Papers 1992-13, Carnegie Mellon University, Tepper School of Business.
- V. Joseph Hotz & Robert A. Miller & Seth Sanders & Jeffrey Smith, 1992. "A Simulation Estimator for Dynamic Models of Discrete Choice," Working Papers 9205, Harris School of Public Policy Studies, University of Chicago.
- Patrick Bajari & C. Lanier Benkard & Jonathan Levin, 2007.
"Estimating Dynamic Models of Imperfect Competition,"
Econometrica, Econometric Society, vol. 75(5), pages 1331-1370, September.
- Patrick Bajari & C. Lanier Benkard & Jonathan Levin, 2004. "Estimating Dynamic Models of Imperfect Competition," NBER Working Papers 10450, National Bureau of Economic Research, Inc.
- Bajari, Patrick & Benkard, C. Lanier & Levin, Jonathan, 2007. "Estimating Dynamic Models of Imperfect Competition," Research Papers 1852r1, Stanford University, Graduate School of Business.
- Jonathan Levin (Stanford University) & Pat Bajari & Lanier Benkard, 2004. "Estimating Dynamic Models of Imperfect Competition," Econometric Society 2004 North American Winter Meetings 627, Econometric Society.
- J. Levin & P. Bajari, 2004. "Estimating Dynamic Models of Imperfect Competition," 2004 Meeting Papers 579, Society for Economic Dynamics.
- Victor Aguirregabiria & Pedro Mira, 2002.
"Swapping the Nested Fixed Point Algorithm: A Class of Estimators for Discrete Markov Decision Models,"
Econometrica, Econometric Society, vol. 70(4), pages 1519-1543, July.
- Victor Aguirregabiria & Pedro Mira, 1999. "Swapping the Nested Fixed-Point Algorithm: a Class of Estimators for Discrete Markov Decision Models," Computing in Economics and Finance 1999 332, Society for Computational Economics.
- Víctor Aguirregabiria & Pedro Mira, 1999. "Swapping the Nested Fixed Point Algorithm: A Class of Estimators for Discrete Markov Decision Models," Working Papers wp1999_9904, CEMFI.
- repec:adr:anecst:y:1994:i:34:p:07 is not listed on IDEAS
- Blundell,Richard & Newey,Whitney K. & Persson,Torsten (ed.), 2007. "Advances in Economics and Econometrics," Cambridge Books, Cambridge University Press, number 9780521871532, January.
- Renáta Kosová & Francine Lafontaine, 2010. "Survival And Growth In Retail And Service Industries: Evidence From Franchised Chains," Journal of Industrial Economics, Wiley Blackwell, vol. 58(3), pages 542-578, September.
- Arturs Kalnins & Francine Lafontaine, 2004. "Multi-unit Ownership in Franchising: Evidence from the Fast-Food Industry in Texas," RAND Journal of Economics, The RAND Corporation, vol. 35(4), pages 747-761, Winter.
- Ellickson, Paul, 2005. "Does Sutton Apply to Supermarkets?," Working Papers 05-05, Duke University, Department of Economics.
- Raphael Thomadsen, 2005. "The Effect of Ownership Structure on Prices in Geographically Differentiated Industries," RAND Journal of Economics, The RAND Corporation, vol. 36(4), pages 908-929, Winter.
- Ariel Pakes & Michael Ostrovsky & Steven Berry, 2007.
"Simple estimators for the parameters of discrete dynamic games (with entry/exit examples),"
RAND Journal of Economics, RAND Corporation, vol. 38(2), pages 373-399, June.
- Ariel Pakes & Michael Ostrovsky & Steve Berry, 2004. "Simple Estimators for the Parameters of Discrete Dynamic Games (with Entry/Exit Samples)," NBER Working Papers 10506, National Bureau of Economic Research, Inc.
- Ariel Pakes & Michael Ostrovsky & Steve Berry, 2004. "Simple Estimators for the Parameters of Discrete Dynamic Games (with Entry/Exit Examples)," Harvard Institute of Economic Research Working Papers 2036, Harvard - Institute of Economic Research.
- Steven T. Berry & Joel Waldfogel, 1999.
"Free Entry and Social Inefficiency in Radio Broadcasting,"
RAND Journal of Economics, The RAND Corporation, vol. 30(3), pages 397-420, Autumn.
- Steven Berry & Joel Waldfogel, 1996. "Free Entry and Social Inefficiency in Radio Broadcasting," NBER Working Papers 5528, National Bureau of Economic Research, Inc.
- Blundell,Richard & Newey,Whitney & Persson,Torsten (ed.), 2007. "Advances in Economics and Econometrics," Cambridge Books, Cambridge University Press, number 9780521692106, January.
- Blundell,Richard & Newey,Whitney K. & Persson,Torsten (ed.), 2007. "Advances in Economics and Econometrics," Cambridge Books, Cambridge University Press, number 9780521692090, January.
- Timothy F. Bresnahan & Peter C. Reiss, 1994. "Measuring the Importance of Sunk Costs," Annals of Economics and Statistics, GENES, issue 34, pages 159-180.
- Mitsukuni Nishida, 2015.
"Estimating a Model of Strategic Network Choice: The Convenience-Store Industry in Okinawa,"
Marketing Science, INFORMS, vol. 34(1), pages 20-38, January.
- Mitsukuni Nishida, 2012. "Estimating a Model of Strategic Network Choice: The Convenience-Store Industry in Okinawa," Economics Working Paper Archive 594, The Johns Hopkins University,Department of Economics.
- Bresnahan, Timothy F & Reiss, Peter C, 1991.
"Entry and Competition in Concentrated Markets,"
Journal of Political Economy, University of Chicago Press, vol. 99(5), pages 977-1009, October.
- Bresnahan, T.F & Reiss, P.C., 1989. "Entry And Competition In Concentrated Markets," Papers 151, Stanford - Studies in Industry Economics.
- Panle Jia, 2008. "What Happens When Wal-Mart Comes to Town: An Empirical Analysis of the Discount Retailing Industry," Econometrica, Econometric Society, vol. 76(6), pages 1263-1316, November.
- C. Lanier Benkard, 2000. "Learning and Forgetting: The Dynamics of Aircraft Production," American Economic Review, American Economic Association, vol. 90(4), pages 1034-1054, September.
- Blundell,Richard & Newey,Whitney & Persson,Torsten (ed.), 2007. "Advances in Economics and Econometrics," Cambridge Books, Cambridge University Press, number 9780521871549, January.
- Victor Aguirregabiria & Pedro Mira, 2007.
"Sequential Estimation of Dynamic Discrete Games,"
Econometrica, Econometric Society, vol. 75(1), pages 1-53, January.
- Victor Aguirregabiria & Pedro Mira, 2004. "Sequential Estimation of Dynamic Discrete Games," Industrial Organization 0406006, University Library of Munich, Germany.
- Víctor Aguirregabiria & Pedro Mira, 2004. "Sequential Estimation of Dynamic Discrete Games," Working Papers wp2004_0413, CEMFI.
- Berry, Steven & Reiss, Peter, 2007. "Empirical Models of Entry and Market Structure," Handbook of Industrial Organization, in: Mark Armstrong & Robert Porter (ed.), Handbook of Industrial Organization, edition 1, volume 3, chapter 29, pages 1845-1886, Elsevier.
- Martin Pesendorfer & Philipp Schmidt-Dengler, 2008. "Asymptotic Least Squares Estimators for Dynamic Games -super-1," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 75(3), pages 901-928.
Citations
Blog mentions
As found by EconAcademics.org, the blog aggregator for Economics research:- Retail Chain Expansion: The Early Years of McDonalds in Great Britain
by bbatiz in NEP-HIS blog on 2011-09-01 19:28:07
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Andrea Pozzi, 2011. "Who Is Hurt by E-Commerce? Crowding out and Business Stealing in Online Grocery," EIEF Working Papers Series 1114, Einaudi Institute for Economics and Finance (EIEF), revised Sep 2011.
- Maican, Florin & Orth, ´Matilda, 2013. "Entry Regulations, Product Differentiation and Determinants of Market Structure," Working Paper Series 984, Research Institute of Industrial Economics.
- Ping Xiao & Ruli Xiao & Yitian (Sky) Liang & Xinlei (Jack) Chen & Wei Lu, 2020. "The Effects of a Government’s Subsidy Program: Accessibility Beyond Affordability," Management Science, INFORMS, vol. 66(7), pages 3211-3233, July.
- Nathan Yang, 2011. "An Empirical Model of Industry Dynamics with Common Uncertainty and Learning from the Actions of Competitors," Working Papers 11-16, NET Institute.
- Dolton, Peter J. & Tafesse, Wiktoria, 2022. "Childhood obesity, is fast food exposure a factor?," Economics & Human Biology, Elsevier, vol. 46(C).
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Mitsukuni Nishida, 2015.
"Estimating a Model of Strategic Network Choice: The Convenience-Store Industry in Okinawa,"
Marketing Science, INFORMS, vol. 34(1), pages 20-38, January.
- Mitsukuni Nishida, 2012. "Estimating a Model of Strategic Network Choice: The Convenience-Store Industry in Okinawa," Economics Working Paper Archive 594, The Johns Hopkins University,Department of Economics.
- Christian Bontemps & Raquel Menezes Bezerra Sampaio, 2020.
"Entry games for the airline industry,"
Post-Print
hal-02137358, HAL.
- Bontemps, Christian & Menezes Bezerra Sampaio, Raquel, 2020. "Entry games for the airline industry," TSE Working Papers 20-1108, Toulouse School of Economics (TSE).
- Jason R. Blevins & Ahmed Khwaja & Nathan Yang, 2018. "Firm Expansion, Size Spillovers, and Market Dominance in Retail Chain Dynamics," Management Science, INFORMS, vol. 64(9), pages 4070-4093.
- Paul Ellickson & Sanjog Misra, 2012. "Enriching interactions: Incorporating outcome data into static discrete games," Quantitative Marketing and Economics (QME), Springer, vol. 10(1), pages 1-26, March.
- Aradillas-Lopez, Andres, 2012. "Pairwise-difference estimation of incomplete information games," Journal of Econometrics, Elsevier, vol. 168(1), pages 120-140.
- Matthew Backus & Gregory Lewis, 2016. "Dynamic Demand Estimation in Auction Markets," NBER Working Papers 22375, National Bureau of Economic Research, Inc.
- Victor Aguirregabiria & Victor Aguirregabiria & Aviv Nevo & Aviv Nevo, 2010.
"Recent Developments in Empirical IO: Dynamic Demand and Dynamic Games,"
Working Papers
tecipa-419, University of Toronto, Department of Economics.
- Aguirregabiria, Victor & Nevo, Aviv, 2010. "Recent developments in empirical IO: dynamic demand and dynamic games," MPRA Paper 27814, University Library of Munich, Germany.
- Peter Arcidiacono & Patrick Bayer & Jason R. Blevins & Paul B. Ellickson, 2016.
"Estimation of Dynamic Discrete Choice Models in Continuous Time with an Application to Retail Competition,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 83(3), pages 889-931.
- Peter Arcidiacono & Patrick Bayer & Jason R. Blevins & Paul B. Ellickson, 2012. "Estimation of Dynamic Discrete Choice Models in Continuous Time with an Application to Retail Competition," NBER Working Papers 18449, National Bureau of Economic Research, Inc.
- Victor Aguirregabiria & Mathieu Marcoux, 2021.
"Imposing equilibrium restrictions in the estimation of dynamic discrete games,"
Quantitative Economics, Econometric Society, vol. 12(4), pages 1223-1271, November.
- Victor Aguirregabiria & Mathieu Marcoux, 2019. "Imposing equilibrium restrictions in the estimation of dynamic discrete games," Working Papers tecipa-646, University of Toronto, Department of Economics.
- Aguirregabiria, Victor & Marcoux, Mathieu, 2019. "Imposing Equilibrium Restrictions in the Estimation of Dynamic Discrete Games," CEPR Discussion Papers 14007, C.E.P.R. Discussion Papers.
- Victor Aguirregabiria & Mathieu Marcoux, 2019. "Imposing Equilibrium Restrictions in the Estimation of Dynamic Discrete Games," Cahiers de recherche 10-2019, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
- Victor Aguirregabiria & Mathieu Marcoux, 2019. "Imposing equilibrium restrictions in the estimation of dynamic discrete games," Cahiers de recherche 2019-08, Universite de Montreal, Departement de sciences economiques.
- Sumon Datta & K. Sudhir, 2013. "Does reducing spatial differentiation increase product differentiation? Effects of zoning on retail entry and format variety," Quantitative Marketing and Economics (QME), Springer, vol. 11(1), pages 83-116, March.
- Sumon Datta & K. Sudhir, 2013. "Does reducing spatial differentiation increase product differentiation? Effects of zoning on retail entry and format variety," Quantitative Marketing and Economics (QME), Springer, vol. 11(1), pages 83-116, March.
- Paul B. Ellickson & Stephanie Houghton & Christopher Timmins, 2010. "Estimating Network Economies in Retail Chains: A Revealed Preference Approach," NBER Working Papers 15832, National Bureau of Economic Research, Inc.
- Joao Macieira, 2010. "Oblivious Equilibrium in Dynamic Discrete Games," 2010 Meeting Papers 680, Society for Economic Dynamics.
- Aradillas-López, Andrés & Rosen, Adam M., 2022.
"Inference in ordered response games with complete information,"
Journal of Econometrics, Elsevier, vol. 226(2), pages 451-476.
- Andres Aradillas-Lopez & Adam Rosen, 2013. "Inference in ordered response games with complete information," CeMMAP working papers 33/13, Institute for Fiscal Studies.
- Andres Aradillas-Lopez & Adam Rosen, 2021. "Inference in ordered response games with complete information," CeMMAP working papers CWP37/21, Centre for Microdata Methods and Practice, Institute for Fiscal Studies.
- Andres Aradillas-Lopez & Adam Rosen, 2014. "Inference in Ordered Response Games with Complete Information," CeMMAP working papers 36/14, Institute for Fiscal Studies.
- Andres Aradillas-Lopez & Adam Rosen, 2021. "Inference in ordered response games with complete information," CeMMAP working papers CWP25/21, Centre for Microdata Methods and Practice, Institute for Fiscal Studies.
- Andres Aradillas-Lopez & Adam Rosen, 2014. "Inference in Ordered Response Games with Complete Information," CeMMAP working papers CWP36/14, Centre for Microdata Methods and Practice, Institute for Fiscal Studies.
- Andres Aradillas-Lopez & Adam Rosen, 2013. "Inference in ordered response games with complete information," CeMMAP working papers CWP33/13, Centre for Microdata Methods and Practice, Institute for Fiscal Studies.
- Bontemps, Christian & Kumar, Rohit, 2020.
"A geometric approach to inference in set-identified entry games,"
Journal of Econometrics, Elsevier, vol. 218(2), pages 373-389.
- Bontemps, Christian & Kumar, Rohit, 2018. "A Geometric Approach to Inference in Set-Identified Entry Games," TSE Working Papers 18-943, Toulouse School of Economics (TSE), revised Mar 2019.
- Christian Bontemps & Rohit Kumar, 2020. "A Geometric Approach to Inference in Set-Identified Entry Games," Post-Print hal-02137356, HAL.
- Christian Bontemps & R. Kumar, 2020. "A Geometric Approach to Inference in Set identified Entry Games," Post-Print hal-03849554, HAL.
- Áureo de Paula, 2013.
"Econometric Analysis of Games with Multiple Equilibria,"
Annual Review of Economics, Annual Reviews, vol. 5(1), pages 107-131, May.
- Áureo de Paula, 2012. "Econometric analysis of games with multiple equilibria," CeMMAP working papers 29/12, Institute for Fiscal Studies.
- Áureo de Paula, 2012. "Econometric analysis of games with multiple equilibria," CeMMAP working papers CWP29/12, Centre for Microdata Methods and Practice, Institute for Fiscal Studies.
- Aguirregabiria, Victor & Mira, Pedro, 2010.
"Dynamic discrete choice structural models: A survey,"
Journal of Econometrics, Elsevier, vol. 156(1), pages 38-67, May.
- Víctor Aguirregabiria & Pedro Mira, 2007. "Dynamic Discrete Choice Structural Models: A Survey," Working Papers wp2007_0711, CEMFI.
- Victor Aguirregabiria & Pedro mira, 2007. "Dynamic Discrete Choice Structural Models: A Survey," Working Papers tecipa-297, University of Toronto, Department of Economics.
- Federico A. Bugni & Jackson Bunting & Takuya Ura, 2020. "Testing homogeneity in dynamic discrete games in finite samples," Papers 2010.02297, arXiv.org, revised Aug 2024.
- Daniel Ackerberg, 2009.
"A new use of importance sampling to reduce computational burden in simulation estimation,"
Quantitative Marketing and Economics (QME), Springer, vol. 7(4), pages 343-376, December.
- Daniel A. Ackerberg, 2001. "A New Use of Importance Sampling to Reduce Computational Burden in Simulation Estimation," NBER Technical Working Papers 0273, National Bureau of Economic Research, Inc.
- Xiao, Mo & Orazem, Peter F., 2011.
"Does the fourth entrant make any difference?: Entry and competition in the early U.S. broadband market,"
International Journal of Industrial Organization, Elsevier, vol. 29(5), pages 547-561, September.
- Xiao, Mo & Orazem, Peter, 2010. "Does the Fourth Entrant Make Any Difference? Entry and Competition in the Early U.S. Broadband Market," Staff General Research Papers Archive 32147, Iowa State University, Department of Economics.
- Xiao, Mo & Orazem, Peter F., 2011. "Does the fourth entrant make any difference? Entry and competition in the early U.S. broadband market," ISU General Staff Papers 201109010700001349, Iowa State University, Department of Economics.
More about this item
Keywords
Cost of entry; Diffusion; Economies of density; Economies of scale; Entry; Expansion;All these keywords.
JEL classification:
- L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General
- L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure
- L81 - Industrial Organization - - Industry Studies: Services - - - Retail and Wholesale Trade; e-Commerce
NEP fields
This paper has been announced in the following NEP Reports:- NEP-HIS-2011-08-22 (Business, Economic and Financial History)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cpr:ceprdp:8534. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://www.cepr.org .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.